SWING IDEA - KPR MILL LTD

מעודכן
Today, we delve into KPR Mill Ltd, where a confluence of technical factors suggests a potential swing buying opportunity.

Reasons are listed below :
  • KPR Mill Ltd recently revisited the critical support at 760 levels, a zone that has historically proven significant. The noteworthy aspect is the successful breach and subsequent retest, signaling potential strength.
  • Weekly charts showcase a bullish dragonfly doji, signaling a potential trend reversal, while daily charts reveal a bullish hammer pattern, enhancing positive sentiment.
  • The stock bounced precisely off the 200-day Exponential Moving Average (EMA) on the daily chart, highlighting this level as a robust support.
  • Continuous formation of higher highs affirms the sustained uptrend in KPR Mill Ltd, reflecting positive market sentiment.
  • With the stock trading above both the 50-day and 200-day EMAs, there is added strength to the current positive trend.


Target - 861 // 928 // 1050
StopLoss - weekly close below 716

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@visionary.growth.insights
עסקה פעילה
price up by 5.5%
הערה
We can expect a fast movement in KPR
הערה
Bullish marubozu candle formed which engulfed the previous week's candle.
הערה
Price up by 9% from our buying price
עסקה סגורה: היעד הושג
1ST TARGET ACHIEVED - 13.5% ++
הערה
Price is consolidating near 850, wait for further targets
הערה
retested crucial levels nd is now bouncing back
הערה
HOLD!
הערה
made new swing high!
הערה
moving closer to our 2nd target
עסקה סגורה: היעד הושג
2nd target achieved : 21%++
הערה
Made a high of 31%+
הערה
hold!
הערה
all time high weekly close
עסקה סגורה: היעד הושג
3rd target achieved : 37%++
הערה
all time weekly close
הערה
made a new high
Achieved 46%++
הערה
Achieved 55%++
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